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Indian Emulsifier IPO Hits 6.66x Subscription, Showcasing Strong Market Confidence!

News by Aliceblue News Desk

13 May 2024

Indian Emulsifier IPO Hits 6.66x Subscription, Showcasing Strong Market Confidence!

Indian Emulsifier IPO saw a subscription rate of 6.66 times on its First day, showing strong market interest. This robust level of investor engagement underscores the confidence in the company’s potential and its appealing position in the market.

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How To Check Indian Emulsifier Limited IPO Subscription Status? 

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Indian Emulsifier Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Indian Emulsifier Limited IPO Allotment Status

The allotment date for the Indian Emulsifier Limited IPO is set for May 17, 2024, with shares priced at a range of ₹125 to ₹132 per share and a face value of ₹10. The offering consists of lots of 1000 shares, with bids accepted for these lots or their multiples.

Indian Emulsifier Limited IPO Listing Date 

Indian Emulsifier Limited IPO is expected to be listed on the NSE SME on May 22, 2024.

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